Schwab Municipal Financials
| SCMB Etf | USD 25.97 0.02 0.08% |
Net Expense Ratio 0.0003 |
Schwab |
The data published in Schwab Municipal's official financial statements typically reflect Schwab Municipal's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Schwab Municipal's quantitative information. For example, before you start analyzing numbers published by Schwab accountants, it's essential to understand Schwab Municipal's liquidity, profitability, and earnings quality within the context of the Schwab ETFs space in which it operates.
Please note, the presentation of Schwab Municipal's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Schwab Municipal's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Schwab Municipal's management manipulating its earnings.
Schwab Municipal Etf Summary
Schwab Municipal competes with Vanguard Tax, Vanguard Short, PIMCO Intermediate, Schwab Long, and IShares Short. The index measures the performance of U.S. dollar denominated investment grade tax-exempt debt publicly issued in the U.S. domestic market by U.S. states and territories as well as their political subdivisions. Schwab Strategic is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US8085246499 |
| CUSIP | 808524649 |
| Region | North America |
| Investment Issuer | Charles Schwab |
| Etf Family | Schwab ETFs |
| Fund Category | Municipals |
| Portfolio Concentration | Investment Grade |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Schwab Municipal Bond Systematic Risk
Schwab Municipal's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Schwab Municipal volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on Schwab Municipal Bond correlated with the market. If Beta is less than 0 Schwab Municipal generally moves in the opposite direction as compared to the market. If Schwab Municipal Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Schwab Municipal Bond is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Schwab Municipal is generally in the same direction as the market. If Beta > 1 Schwab Municipal moves generally in the same direction as, but more than the movement of the benchmark.
About Schwab Municipal Financials
What exactly are Schwab Municipal Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Schwab Municipal's income statement, its balance sheet, and the statement of cash flows. Potential Schwab Municipal investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Schwab Municipal investors may use each financial statement separately, they are all related. The changes in Schwab Municipal's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Schwab Municipal's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Schwab Municipal Thematic Clasifications
Schwab Municipal Bond is part of several thematic ideas from Investment Grade ETFs to Municipals ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasSchwab Municipal November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Schwab Municipal help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Schwab Municipal Bond. We use our internally-developed statistical techniques to arrive at the intrinsic value of Schwab Municipal Bond based on widely used predictive technical indicators. In general, we focus on analyzing Schwab Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Schwab Municipal's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.3631 | |||
| Information Ratio | (0.40) | |||
| Maximum Drawdown | 1.82 | |||
| Value At Risk | (0.42) | |||
| Potential Upside | 0.4607 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Schwab Municipal Bond. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
The market value of Schwab Municipal Bond is measured differently than its book value, which is the value of Schwab that is recorded on the company's balance sheet. Investors also form their own opinion of Schwab Municipal's value that differs from its market value or its book value, called intrinsic value, which is Schwab Municipal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Schwab Municipal's market value can be influenced by many factors that don't directly affect Schwab Municipal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Schwab Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Schwab Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Schwab Municipal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.